After flying around $ 20,000, Bitcoin is now under $ 7,500. Volatility that does not please banks, some block the purchase of money with their credit cards.
Certain banks located in the United States and United Kingdom have recently banned their customers from using their credit cards to buy cryptocurrencies. These banks include JP Morgan, Bank of America, Citigroup and Lloyds Bank. Debit cards are not affected by this embargo.
Related: Analysis: Bitcoin, this virtual and digital currency
The widespread enthusiasm of neophytes for cryptocurrencies has been increased lately by the multiplication of the value of Bitcoin. In one year, cryptocurrency has gone from $ 1,000 to $ 20,000 before falling back below $ 7,500. Some investors have lost significant sums, especially individuals who have been swept away by the frenzy that accompanied the rise in values.
Many users have paid their cryptocurrency at a high price on credit and are now unable to repay their debts. And in some cases, it is the banks that can be held responsible for the debt of their customers and will have to pay off debts ...
As banks announce these blockages, there is growing doubt among users and the bitcoin market is becoming increasingly unstable. Also remember that several governments have recently announced blockades on cryptocurrencies, including India and some Asian countries, thus participating in the fall in the value of Bitcoin.
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suivre Dhaouadi Aymensur
